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20121129
20121207
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Search Results 0 to 49 of about 55 (some duplicates have been removed)
MSNBC
Nov 29, 2012 5:00pm PST
. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real s
MSNBC
Dec 3, 2012 11:00am PST
for previously and i hope they're not going to continue to ask for is essentially the dismantling of medicare. we debated it during the presidential with paul ryan's proposal to put -- turn medicare into a voucher system. so when it comes to looking for savings in medicare, there's ways to find savings without breaking the guarantee that we've had to our seniors for the last several decades. i think democrats, again, have demonstrated repeatedly that we're willing to compromise, but the republicans have to come to the table, especially around revenue. so the question frankly needs to be proposed to the person running the republican caucus, and that's grover norquist, who is not a member of this house, to say that the pledge that people should honor is the pledge to the u.s. constitution and not the pledge to grover norquist. >> speaker boehner was on fox news on sunday, and he says as he described negotiations, we're nowhere, period. we are nowhere. 29 days to go. we have some analysts such as our first read team that say the real negotiations won't begin until mid-november. already you have wall
ABC
Nov 29, 2012 1:40am PST
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MSNBC
Dec 5, 2012 9:00am PST
security, medicare entry age raised with sizable entitlement benefits. that's literary where they are. can they get something big or go off the cliff? which a lot of democrats think now is not the worst thing in the world. gambling with the financial markets but hurting the gop and don't have to deal with what democrat told me is this constant utter nonsense that happens every time we have a budget negotiation. >> luke keeps referencing the polling, a "washington post"/pew poll that says 53% of the country will blame congressional republicans if be go over the cliff, 27% blaming the president. he is comfortable with those numbers which is why the swagger is the only word for it today at the business roundtable. >> absolutely. remember this is the second or third poll we've seen, so the republicans have had time to make their case and the public is not buying it. if you're the president, your hand is strengthened. there are polls that show there's a national journal poll people want this balanced approach. you hear the president talk about the balanced approach. yes, it's a great thing they
MSNBC
Nov 28, 2012 8:00pm PST
news shows. all americans oppose major changes to medicare benefits, including republicans and conservatives. boehner can't win. the most important poll was on november 6th. president obama ran on raising taxes on the wealthiest americans and not hitting beneficiaries of medicare, medicaid and social security. this is his leverage. >> this shouldn't be a surprise to anybody. this was a major debate in the presidential and congressional campaigns across the country. a clear majority of americans, not just democrats but also a lot of republicans and a lot of independents agreed we should have a balance approach to deficit reduction that doesn't hurt the economy and doesn't hurt middle class families. >> republicans spent the last four years saying that president obama doesn't understand the economy. voters said that they were wrong. now, john boehner has really worked himself into a position. he is really in an untenable position. he is going against the majority of americans here. he is willing to say, our ideology is more important than the way you think and the way the maj
MSNBC
Nov 29, 2012 8:00pm PST
is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking shape behind the scenes. it includes most of the same details the white house has in its proposal. according to "politico" house republican leaders recognize president obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i was hopeful we'd see a specific plan for cutting spending. >> the treasury secretary's proposal seems pretty specific. it even includes $400 billion in specific cuts. but john boehner sees som
MSNBC
Nov 29, 2012 3:00am PST
. there is no republican proposal. for spending cuts in medicare or anything else. you can't have a deal unless both sides make proposals. and right now all we have is a tax proposal from the democrats. we have no spending proposal from the democrats. we have no tax proposal from the republicans. we have no spending proposal from the republicans. and we've been at this now for a couple weeks, really since the day after the election. that's why some of us are a little pessimistic. >> a couple years. because the reality of it is whether you're going back to the sequestration bill of 2010, 2011 or you're talking about what is now known as the fiscal cliff. neither side has been very willing to really deal with the nuts and bolts, the reality of tax rates, reality of spending cuts, the reality of tax reform. that's really what next year's going to be all about. right now i just don't see -- i mean, can we just get real here? we're talking five weeks tops before the end of this lame-duck session, end of the year. and these guys are going to get done in five weeks what they haven't been able to do in five month
CSPAN
Dec 4, 2012 7:00am EST
for medicare to 67 and deal with entitlements by extending ages going out into the future, i am all for it. host: an independent caller, what do you think? hostcaller: you look lovely. we appreciate it. i started talking about this in july 2011. the gop -- he said they are in violation of their oath of office whenever they refuse to raise the debt ceiling. then when they do it on the floor, they are in violation of u.s. code. by dissenting that argument in public and then recommending the public and the court their views. host: this proposal by republicans does not include any thing to raise the debt ceiling. caller: i know but they are going to have to do that. also, john boehner -- this proposal has $160 billion less than he offered before the election and also raises the money taken out of medicare and medicaid by $62 billion. how democrats or anybody could except that -- could accept that. the average folks here in america do not want to pay their fair share. they cannot argue the point that everybody has to give a little bit more to help us eliminate some of this debt and keep the cou
CSPAN
Nov 30, 2012 9:00am EST
calls for deep cuts, environmental protection, social security, medicare, medicaid. well, corporations and the top 1% get tax cuts of nearly $3 trillion over the next decade. this is not how you protect a democracy. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from texas seek recognition? mr. poe: i ask unanimous consent to address the house for one minute. the speaker pro tempore: without objection, so ordered. mr. poe: mr. speaker, the -- a president has finally given us his balanced plan to allegedly avoid the fiscal cliff. he wants to raise taxes by $1.6 trillion. he wants another stimulus package of $50 billion. he wants the authority to raise the debt ceiling without asking congress for approval. say it isn't so, mr. speaker. this tax hike will hurt small businesses which provide 67% of the jobs in this country. that may fund the government for a short time. then, what's the plan? stimulus 2.0. because the first stimulus worked so well? that was a disaster as well. we have a $16 trillion deficit, and the president wants to spend m
MSNBC
Nov 29, 2012 7:00am PST
this crisis and sooner rather than later. >> we will not negotiate the end of medicare. i don't know what it is with these republicans. >> it's safer if you're on the progressive end of the political spectrum to go over the fiscal cliff than it is to agree to some of the things they're talking about. >> ruth, where do you stand, deal or no deal? >> not who deal, but who are more pessimistic. the clock is really ticking. about ten legislative days left in the year. outlines are there but the willingness to do it and the ability to get it done in time, i'm more disappointed than i thought i would be at this point. on the other hand, this is the moment of posturing. so it could all come together at the last moment. a christmas present. >> there has been plenty of that. tim geithner, he's going out to talk to these leaders. what does he say, for example, in these meetings with reed and t reid and the other leaders? >> opening line is it's dangerous to get over the cliff so let's get there. my reporters tell me there are contours to a deal. the senate democrats moving a little on entitlements.
CNN
Nov 28, 2012 10:00pm PST
medicare fraud coming up. we're keeping them honest on "ac360." my wife takecentrum silver. i' been on the fence abo it. then i read an artie about study that oked at the long term health benefits of taking multivitamins. hey used centr silver f t study... so i guess my wife was right. male anner ] centrum. ways your mostomplet . >>> in syria, new signs tonight that the regime is now being battered with its own weapons. opposition fighters say they shot down three syria military aircraft in the past three hours. here is arwa damon, rebels claim this was the fighter jet they brought down. this is in aleppo province, that video shot. this shows a helicopter they claim they shot down with a missile. it appears to take a direct hit. there it is, cnn can't verify if it is authentic. they captured a number of bases recently. arwa damon visited the area, and saw for herself, the weapons seized. arwa damon joins us now, arwa, opposition fighters claim they shot down three syrian military aircraft in the past 24 hours. you went to the scene of one of the crashes today. tell our viewers what
MSNBC
Nov 30, 2012 3:00am PST
on $400 billion in medicare cuts. so there were some specifics in there. but was it a hardball opening? yeah, of course it was. the question is, what's the counteroffer, right? they're trying to not just provoke a no. they want the counteroffer. and the counteroffer is, what is it? there isn't one. >> it looks like right now it will probably come back now as $800 billion in new revenue, probably higher specific cuts. >> you forget one extra demand, of course, which is ban the debt ceiling piece. that's huge, right? that's, like, unilateral disarmament. we're going to offer you to unilaterally disarm. i like that one, too. because they were sensible. let's face it, the markets would welcome that, right? >> i think the market would welcome a more serious discussion. i was disappointed in the offer. i think you're probably right that this was a negotiating ploy, the beginning of a long perhaps 30-day negotiation, but when you have ceos of the largest companies in the country, the biggest in the world, suggesting that one, they might redomicile to a different country, that they're concerne
MSNBC
Nov 29, 2012 11:00am PST
mainly from medicare, not to mention spending cuts. that figure, at least $1.2 trillion, according to politico. let's bring in news nation political panel. nationally syndicated radio talk show host and msnbc contributor micha michael smir connish. zacha zachary carabel. zachary, as we look at this and what we know so far and the talking points that go back and forth, we haven't got specifics, details from the right. we hear what the left wants. isn't the onus on john boehner and the right to say exactly what they want. >> i think it's on the onus of everybody to give a little in this. everyone talks about the simpson/bowles commission as a template for across the board reductions of long-term spending along with tax increases. that would obviously be ideal. right now we're talking about $2 trillion of spending decreases plus tax cuts, which even though running a trillion dollars of deficits a year, that's over a ten-year period. we're not talking a huge dent in the situation here. granted, any progress is probably better than no progress. but what we are talking about versus the t
MSNBC
Nov 30, 2012 6:00am PST
for their tax dollars. they do want medicare, social security. they want those programs. they just want us to be fiscally responsible and move this country forward. i think it was a big ideological shift, again, and it's our job now to work with each other to get this country past the financial and to work on the issues americans sent us to do. >> you mentioned the fiscal cliff and i want to ask you about it. president obama even in his p - proposal yesterday had entitlement cuts including to medicare. you have in the past been resistant to cutting entit entitlements. does the result of the election -- i've heard many people on the democratic side say, look, we won. we don't need to make concess n concessions to republicans on entitlements. we can raise the top rates without making these concessions. do you think the president is even in this first proposal giving away too much on the entitlement side? >> i think it's important to note that there's a difference between working to cut medicare and protecting the benefits. and itch said repeatedly that i will not vote to cut the benefits p
MSNBC
Dec 1, 2012 11:00am PST
on a plan that he would like to see emerge telling the paper that he'd agree to hire medicare premiums for the wealthy and increase in the medicare eligibility age and slowing costs of living increases for social security. let's dig in now with molly ball, national political reporter for "atlantic" and also lynn sweet, washington bureau chief of "chicago sun-times." ladies, good afternoon. >> hello to you. >> molly, senator dick durbin saying right here on tuesday on "morning joe" that he could see $400 billion, at least $400 billion in entitlement cuts. is that going to be as hard of a sell to the left as raising rates will be to the right? >> in a word, yes. there are a lot of democratic groups right now really pushing for no changes to entitlements and no cuts to entitlements, medicare, social security and also medicaid is a big concern for a lot of unions, a lot of progressive groups who are really trying to push the democrats to hold their ground on this. however, the administration has signaled they could be open to some kinds of changes, potentially the kind of stuff that mitch
CSPAN
Dec 4, 2012 8:00pm EST
for medicare, medicaid and long-term social security. the mere fact were discussing those things is good. in terms of the votes, if it's going to be a deal they will be those from both sides. reality is -- these two guys come in the president and the speaker had so with one another before. they came to a huge deal during the lame-duck section in 2012. they came to another big deal about shutting down the government in april 2011, cutting discretionary spending the billions of dollars. he came to another in the debt ceiling deal as well which is a $2.2 trillion long-term deduction in exchange for an increase in the debt ceiling. they need to take it to another level. this is a bigger, more complex problem and it's the beginning of a series of negotiations. they're going to be together for the next four years. the president won the election, the republicans on the house and frankly are not likely to lose in a midterm election and a second-year presidency. john boehner is speaker for four years and hopefully this is the beginning of a productive relationship. >> host: unison news last week
MSNBC
Dec 2, 2012 12:00pm PST
if the gop wants entitlement reform, reform to social security and medicare and medicaid and many of those things were on the table in that failed grand bargaining of a year and a half ago, geithner, the president, all administration officials insist, it's the republicans who have going to have to show a little ankle and insist on what they want. make it clear what they want in terms of those reforms, if they want them to be on the table. the administration is not going to go first, they say they've already spelled out what they want in terms of raising taxesnd revenue. we don't apleer to be closer to a deal 29 days out. craig? >> republicans are going to have to show a little more ankle. i'll be using that. mike viquiera, from 1600 pennsylvania, thank you, good sir. so will a deal get done by the january 1st deadline? here's what one prominent republican senator had to say this morning. >> i think we're going off the cliff. it's pretty clear to me they've made a political calculation. you can limit deductions to $40,000, $50,000 a person which takes care of the middle class, upper-income
CSPAN
Dec 5, 2012 8:00pm EST
, means testing on taxes? medicare for more affluent recipients, excluding my wife? >> let me just say that we would support a balanced approach, and it is important to point out, as senator warner did, that we have done over $1 trillion in cuts in the next 10 years which the president is committed to keeping. with respect to medicare, we do have a very different approach to dealing with medicare. there is no doubt we have to bring down medicare health-care cost growth. the difference is that we believe we should expand on the kind of reforms that we made in the affordable care act, where we achieved billion about $716 billion in savings, not simply by across the board provider cuts, but by changing the incentive structure, the way we pay providers so we focus on the value of care, not the volume of care. i think it is ironic that we have gone in the last four weeks from many of our republican colleagues criticizing the president for having done too much in savings on medicare, $716 billion -- their presidential candidate proposed putting that money back in, in other words adding $716
CNN
Dec 4, 2012 1:00pm PST
't enough time left to do a comprehensive deal, including tax reform, fixing medicare. so he wants congress to raise tax rates for the wealthy right now and putting off the hard work to next year. they have 28 days left to make a deal before the country hits what's called the fiscal cliff. that's a combination of across the board tax increases for everyone, coupled with cuts in spending like defense, education, health care, and housing assistance. let's go live to our chief white house correspondent jessica yellin with the very latest. jessica? >> reporter: president obama has now personally turned down speaker boehner's opening offer to avert the fiscal cliff. he did it in a tv interview. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> unfortunately, the speaker's proposal right now is still out of balance. he talks about $800 billion worth of revenues but says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> reporter: he won't agree to eliminate a tax deduction for contributions to charity. >> every hospita
MSNBC
Nov 29, 2012 6:00am PST
no serious discussion by the white house on entitlements, on medicare and medicaid. this has to be a part of this agreement or else we just continue to dig the hole deep i. >> republicans are very frustrated that what's taking up oxygen right now is the issue of taxes. in fact, yesterday that's what happened. the first major public break inside the republican controlled house, oklahoma congressman tom cole who endorsed the president's short-term approach. >> in my view we all agree we're not going to raise taxes on people that make less than $250,000. we should just take them out of this discussion right now. >> if the president is willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, i think that is a point we should agree on. >> it almost sounds like jay carney at the podium when you hear tom cole these days. he's about to come on the show. we'll ask him about that. his idea was quickly sht down by sean duffy who did it right here on daily rundown. >> i think this is a minority position within the party. >> the goal here is to grow the econom
MSNBC
Nov 30, 2012 8:00am PST
yesterday. $1.6 trillion in tax cuts. $400 billion in cuts to medicare and other entitlement programs. $50 billion additional in stimulus spending. no real structural reform to entitlement programs. no spending cuts. instead, stimulus spending. obviously, the president knew that this would be an unacceptable first offer. so what is the end game here? where is the president's bottom line? >> listen, this is a negotiation. it isn't about the president's bottom line or my bottom line or yours. it's a negotiation. and the sad part is, that the administration, the president, has laid down an offer. there's several things in there we know the republicans like, and yet they refuse to lay down an offer. all they do is come out, and mitch mcconnell laughs, and boehner says it's terrible. there's a fiscal cliff, and this offer isn't good. show me the money, folks. you have the power. you're bragging about the fact that you kept the house. good. show us your offer. put down your offer. now, here's my view on this. and it is the same as the president's in this respect. rough the biggest aspects of the
CNN
Nov 28, 2012 7:00pm PST
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CNN
Nov 29, 2012 4:00am PST
of it. unless we deal with medicare and social security which are the two big tidal waves coming at us and now the president's health care law. until we deal with that, there is no way to get our financial house back in order. i agree with the president. we need to focus on jobs, growth and get more people working. that's the way to increase revenue. >> the president talks about spending cuts. perhaps that's where you can see eye to eye with him. let me point to this abc news, washington post poll. the question was about raising taxes on incomes over $250,000 per year. you can see the numbers. 60% support which is in contrast with what the majority of your party is saying. are americans wrong? >> well, the american people know their mind. they say, let's tax somebody else. if those taxes are going to small businesses creating jobs, we need to bet more people working. the other poll said people believe if they send more in taxes the government will spend it, much of it will be wasted and the dollar figures are so large it's hard to fathom the debt we have. it's $16 trillion. it's an inc
MSNBC
Dec 5, 2012 6:00am PST
the two trust funds which are medicare and entitlements. the largest of which is medicaid. there are lots of bills and plans and approaches that have been presented over the last several years. >> i understand that. i want to read a quote from somebody you are familiar with. the ceo of fedex. this is what he said about tax rates. a lot of mythology in washington that it's small business that creates all the jobs in the united states and if you raise the rates on the top 2%, you'll kill jobs. the vast majority are produced by capital investment in equipment and software. that's not done by small business. he's saying stop fighting over this 2% and move on. >> what he is looking for is certainty in the regulatory world and in taxation. we hear that quite a bit. yes, indeed, capital investment is a big part of it. much of that capital and innovative acquisition comes from the innovative businesses that if you raise those rates you'll be hampering their ability to push that idea from conception to commercialization. >> i agree on the certainty issue. that's why this bill does that. we're not
MSNBC
Dec 5, 2012 10:00am PST
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CSPAN
Nov 29, 2012 1:00am EST
, will house democrats provide votes to cut benefits to programs like medicare and medicaid? >> let me say that clearly, as gene sperling was sent today, the president is willing to look at what they're going to put forward in terms of revenues, but that has not been forthcoming, shall we say. with the president has been very clear is in terms of the impact on beneficiaries and beneficiaries are the people who are the recipients of medicaid, medicare, and social security -- we believe at most would agree that social security is not responsible for the deficit and should not be on at the table for discussion. with regard to the so-called entitlements -- i come from hartford, connecticut. this is a matter of insurance and it is a matter of actuarial assumptions. and i think when you look at things in terms of insurance and not entitlements, people were i come from say, wait a minute, i paid for this. that is my insurance that i paid for. now, there are actuarial assumptions you can make -- life span, various elements, wellness, exercise, preventative care. a number of things built into the a
MSNBC
Nov 29, 2012 12:00pm PST
with at best maybe raising the retirement age for social security or raising the eligibility age for medicare? >> you know, i'd be very surprised to see social security be a part of the discussion here. >> at all? >> because it's not really kind of a huge driver of the deficit we're talking about right now. it's really the health care programs. but i think if you just pull back and make it really simple for a second, what you see are the democrats are saying, wait a second. increasing taxes a little bit on the rich or significantly on the rich, however you want to look at it, is pretty popular with the public or at least has broad public support. cutting entitlements is not very popular. it could be the right thing to do. perhaps there's a way to do it. but it's not very popular. you're asking us to not do the thing and say that you want to help us do the thing that is popular. and you want us the democrats to go on the table and lay out the details of the thing that is really unpopular. are you crazy? >> your short answer is no, we will not get any significant entitlement reform? >> not now.
MSNBC
Dec 3, 2012 9:00am PST
's raising the medicare entry age, something to do in terms of about thor reimbursement payments, something in that realm he can physically take and say i got this in exchange for that, that would make it easier sell for his conference. he's going to lose the hardliners no matter what, especially the folks who lost. they're more than happy to go all-in on opposing it. >> would a batch of white house christmas cookies do the trick? >> probably not. a nice bottle of merlot would do the trick for the speaker. >> luke russert thank you my friend, as always. catch one of the key voices behind the fiscal cliff negotiations here on "now" tomorrow when americans for tax reform president grover norquist joins us tomorrow at noon eastern. and after the break, entitlement reform hot potato. that's next on "now." music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may co
CSPAN
Nov 28, 2012 8:00pm EST
political adviser indicated that medicare and medicaid are the main drivers of our deficit. i know we have seen this morning also several editorial writers indicate the same, that it is important that we put these drivers of the deficit on the table and include them as part of any agreement to avoid the fiscal cliff. as the speaker said, we have done our part. we have put revenues on the table, something we did not do two years ago during the debt ceiling negotiation. we still believe that it is most important for us to address the economic situation in this country where so many people are out of work. that is why we take the position and believe strongly that increase in marginal rates i, income-tax rates, is not the way to produce growth and put people back to work. but we have not seen any good faith effort on the part of its administration to talk about the real problem that we're trying to fix. i am told mr. bowles, some of us will meet with him later today, said earlier this morning there has been no serious discussion by the white house on entitlements, on medicare and medicaid. th
MSNBC
Nov 28, 2012 4:00pm PST
the country's tax code and consider ways to keep the costs in social security and medicare under control. white males of the republican party will be arguing to reduce benefits while women and minority will make a case for keeping the safety net where it is. the irony is men and women have the same political power, historically. all live longer than men. in the old folks home there's one guy there -- >> very popular guy. >> his ears are enormous. all these women are there because they tend to live longer and they have an interest in social security and medicare more than men do. >> and we're also poorer. at the middle of our lives and end of our lives, we're poorer, so we rely on safety net programs and we need them. women have been much more -- going back to the reagan election of 1980 that's when you saw the gender gap because the social safety net was being threatened and women do vote. it's not only or mainly abortion, choice or contraception. it's economic issues. those come in to play, too. so i think this is -- we have today, another data point, where stuart stevens in washington
MSNBC
Dec 5, 2012 3:00am PST
i'm willing to do stuff on entitlements. there's talk about raising medicare age, the social security cost of living adjustment, but boehner is just stuck in this corner on rates. >> hey, mike barnicle, we're talking about the president right now because a lot of us believe, you know, that's where the buck stops, and that's where you get the negotiations going. we don't want to overlook, though, a new "washington post"/pew research poll that shows americans are blaming the problems of these negotiations on republicans. 53% are blaming congressional republicans. 27% are blaming barack obama. 12% are blaming both equally republicans are shouldering the blame by a 2-1 margin. and of those polled, 49% don't expect a deal to be reached by a deadline compared to 40% who do. here we have, again, a serious problem with republican branding. and branding comes from reality. people -- their natural instinct is to blame the republican party when standoffs like this occur. >> i'm surprised the number of 53% is that low. i would think it would be much higher than that. people get their new
MSNBC
Dec 2, 2012 9:00am PST
-priced medicare prescription drug plan. with a low $18.50 monthly plan premium, select generic hypertension drugs for only a penny and in-store copays as low as one dollar on other generic drugs after deductible, saving on your medicare prescriptions is easy. so you're free to focus on the things that really matter. call humana at 1-800-808-4003. or go to walmart.com for details. >>> welcome back to "weekends with alex witt." at the half hour now, much of northern california is taking cover from a storm that's dropping intense rain, flooding, mud slides all a concern across the golden state. but on the east coast, eerie fog greeted them. this is the view from times square. dylan dreyer is here with more details. >> we were talking about record-breaking high temperatures in the middle. so things are all over the place. and the main focus is what is going on across northern california. the good news is the heaviest of the rain that we saw is starting to push east. even tomorrow in san francisco, we'll see some sunshine before another round of heavy rain moves in tuesday night into wednesday morning
CSPAN
Dec 3, 2012 8:00pm EST
, more people are out of work. it means that we do not have money to pay for basic benefits like medicare and social security. it is important to talk about deductions and tax policy in terms of tax reform. john boehner opened the door for that. president obama has indicated no intention of looking at that. host: what deductions would you put on the table? guest: tax reform is not to raise revenue. is to make the tax code less of a drag on the economy. we do that by lowering tax rates and getting rid of some deductions, exemptions, credits. but we do not do it to raise revenue. host: chuck marra, how important our deductions? guest: they are very important. if you get into this notion that they are loopholes, then you look at the very popular deductions the people rely on. they're trying to balance the economic weakness with the long-term needs of the economy, which is that we do face a future of deficits that are unsustainable. we are trying to stabilize the debt has a share of our economy over time. that means about $4 trillion in savings. the good news is, last year, the congress and t
MSNBC
Nov 28, 2012 7:00pm PST
. satisfaction guaranteed or your money back. a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> democrats said they think it's a good idea to drive the economy off the fiscal cliff this january. you might call this thelma and louise economics. right off the cliff. ♪ >> joining me now, senator feldma. >> great to talk to you. >> senator, you've been the leader on how the democrats should be approaching the so-called off the cliff drama and i just want to play something you said on july 16th at the brookings institute. let's listen to that. >> we can't get a good deal, a balanced deal that calls on the wealthy to pay their fair share, when i will absolutely continue this debate into 2013. >> after that, senator
CSPAN
Dec 3, 2012 5:00pm EST
there is a big challenge. there are problems with medicare and social security. they are facing big deficit situations. host: what motivates the creation of deductions? what about the other incentives? mortgage deduction it to encourage people to buy a home. guest: some of the deductions have been around forever, since the invention of the income tax. there has always been a deduction for interest that you paid. the government didn't think it could distinguish between mortgage interest and other kinds of interest. less interest is deductible now. some of the things are left over from the early days of the tax code. there is no magic about allowing people to deduct mortgage interest and not the interest they pay on their credit cards. some of these things are hard to explain. host: does it incentivize home buying? guest: it does provide some if incentive for buying a home and is a large tax break and gives them an enormous benefits. it mostly provides an incentive for buying a bigger house. it seems to incentivize mcmansions. there is a fair question of whether that is something we should be
CSPAN
Dec 4, 2012 12:00pm EST
than any single thing of medicare and medicaid and longer-term social security, so the mere fact that we are discussing those types of things fit. in terms of the votes, look, if it's going to be a deal there has to be votes from both sides. the reality is -- and these guys, the president and the speaker dealt with one another before. they've never been able to come to a deal. they came to a huge deal during the lame-duck session in 2010 on extending the bush tax cuts. they came to another deal without shutting down the government in april of 2011 cutting discretionary spending by billions of dollars and they came to another one on the debt ceiling as well which was a 2.2 trillion dollar long-term reduction in exchange for an increase in the debt ceiling. so, you know, the need to take it to another level. this is a more complex problem, and it's the beginning of a series of negotiations between the two. they are going to be together for the next four years. the president won the election, the republicans won the house and frankly are not likely to lose the election in the second
CNN
Dec 4, 2012 4:00pm PST
's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >>> the royal baby craze. talk of the most anticipated baby since -- yeah, that's probably right, suri cruise. the duchess of cambridge is expecting. the deputy prime minister says he expects a change in succession law that no longer dictates the next monarch must be male. this is a big thing. "outfront" tonight, raha lewis. appreciate your taking the time. explain this to me. what is this law change? >> essentially all it means is that it no longer makes a difference if you're a male or female, and you're in the line of succession to the throne. both male and female will be treated equally, as of october, 2011. >> okay. so it's retroactive. so if they can't get it fully passed, it's still okay. how fa
CNN
Dec 4, 2012 11:00pm PST
on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. ends december 7th. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. you'll also care about our new offer. you get access to nurses who can help with your questions. and your loved one can get exelon patch free for 30 days. if the doctor feels it's right for them. it cannot change how the disease progresses. hospitalization and rarely death have been reported in patients who wore more than one patch at a time. the
CNN
Nov 30, 2012 4:00am PST
medicare, that's what's on the table from the white house. they believe that's not enough. they want to see the cuts go much further. democrats say, hey, you asked for cuts you want to see. here are some, why don't you give us a number, as well. so that's where we stand right now. i've got to tell you that you've got to believe that some of this is posturing. you know, part of the message war. it's not uncommon to see these deals seem to fall apart before they get put all back together again. certainly time is running out. >> time is awasting here. you mentioned john boehner criticized the president for what he called a victory lap. the president is launching a road show today. he's going to pennsylvania to make his case for his version of resolving the fiscal cliff. what does he intend to say and how does he intend to sell it? >> he's going to pennsylvania, a toymaker to try to drive home this idea of pushing for cuts for the middle class. there's already a senate tax bill that would preserve the tax cuts for the middle-class, something that he believes everyone agrees on. certainly republ
CSPAN
Dec 6, 2012 1:00am EST
? and on whom? second, what medicare and other spending cuts would you propose? people propose large numbers and never fill in details. but we have filled in the details with our first step. let them tell in the details of their first step. they have not done either, so it is not much of an author -- an offer. >> they did not include having the top rates go up on the wealthiest americans. their proposal goes right back to that class. charitable deductions, mortgage relief and legislation i have had them place -- in place. there is a whole range of things you have to go through. that is the point. we are not going to do that. we have to make sure that the wealthiest help pay down this large deficit. we have large discussions going on in the senate at various places. we know what the parameters are. the president is ready, willing, and able to sit down and negotiate this. >> the statement, we have done something. we want every tax rate to go up. the interesting part, we agree it should not go up. we disagree on the top 2%. why don't we go where we agree and make sure those folks in the middle
CNN
Dec 4, 2012 8:00pm PST
size, and low-cost printing. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> our second story "outfront," a stern warning to syria. the use of chemical weapons is unacceptable. nato says the use of these weapons of mass destruction will be met with an immediate reaction from the inte
FOX Business
Nov 28, 2012 9:00pm EST
programs starting with medicare and medicaid. you can't geout of it without dealing with those, a and bowles is absolutely right. gerri: long way to go. thanks for coming on. appreciate your time. >> sure. thank you. gerri: as a reminder, the revenue from the bush tax cuts would generate just $82.4 billion a year, enough to run the government for ve days. as president obama pushes for tax hikes on wealthier americans, he might look to britain to see the effect it has. it's not revenues. it's surprisingly less. after the labour par, that is, there, pushed for the top tax rate to 50%, 5-0, the richest ft. two-thirds left to avoid paying the new tax. it also stopped people coming to and investing in britain. there's a lesson for you. turns out the proof is in the pudding realizing the errors of the way, the government is cutting the top rate to 45%. more to ce like should washington sub di size wind energy? more on the fiscal cliff as americans on all levels have to prepare to take the tax hit. hope it doesn't, but i'm going to break it down next. ♪ gerri: i always like to give
CNN
Nov 29, 2012 2:00am PST
the fiscal cliff, avert it, but at the enof the day take medicare and treat is as an important issue. >> at the end of the day, how many things will be kicked down the road like entitlements? >> we had 18 debt an deficit commissions since ronald reagan became president in 1981. in more than half of those, medicaid, medicare an social security were supposed to be part of fixing the debt and deficit, it never happened. if they kick the can down the road again without fixing entitlements in the process, entitlements still won't get fixed. >> we asked you to comment on the news and then sometimes you make news. the news about you, it says you are considering running in a primary to challenge saxby chambliss. are you any closer to a season? tell me what you're thinking and who is encouraging you to do that. >> well, you know, i said all along, no i'm not going to do this. i've been dismissive. in the past couple days, a number more prominent names have been calling and saying shy do it. i feel i owe them more consideration. i'm not closer to thinking i will do it, but i'm thinking about i
Current
Nov 29, 2012 3:00am PST
on medicare medicaid and social security but democrats want entitlement programs completely off the table. today, the white house is sending treasury secretary timothy geithner and congressional negotiator rob neighbor to capitol hill where they will lay out their proposal with speaker boehner. more bill press is coming up after the break. as always, we're live in our chat room and would love to see you there. current.com/billpress. we're right back. you're about to watch a viewer created ad message for little caesars who proudly salutes unites states veterans everywhere. >> hi, i'm rick loz. i joined the united states air force in 1987. as i was leaving the service i went into a civilian career for a little bit but i was looking for a little bit more than what the civilian career had to offer me and that's when learned about the little caesars veterans program. the little caesars veterans program helps the veterans transition to civilian life. they give them credits and discounts on the things that they are going to need to help open a new store. it w
CSPAN
Nov 30, 2012 2:00pm EST
% earn is going to have a new 3.% medicare tax added to it. 3.8%. 0.9%, mr. speaker, that's an increase in the medicare tax on the earned income of these folks. 3.8% increase on the unearned income, 0.9% increase on the earned income. 2.7%, mr. speaker. that's the medicare tax that that top 1% is already paying on all of their earned income today. it's going to go up another .9. they are already paying 2.7. the president says that's not enough. let me do some quick math here. they are only gg to have to pay one, mr. speaker, either the unearned income tax or earned income tax that would be 3.8% either way. they are paying 39.8, plus this 15.3, of course, on all those dollars that are subject to medicare and social security under the cap today, plus another 6% the average rate for state income tax today. let me add those. my home state of georgia, let me come back over here to these middle class taxpayers that appear to be paying 46.3% as a marginal rate of every dollar they earn. back over here to the high income folks, before they pay their payroll taxes, we have 44.8, and of course on
MSNBC
Dec 4, 2012 3:00pm PST
paul ryan. he's just signed off on the gop's new plan to slash medicare and social security, but avoid raising taxes on the rich. like every good makeover artist, ryan is trying to hide his flaws behind cosmetic changes but it won't fool the american people. joining me now, david corn, mother jones washington bureau chief and msnbc political analyst. his new e-book is about how he uncovered romney's original 47% video. and jamal simmons, democratic strategist and principal at the reagan group. thank you for joining us tonight. >> good to be with you. >> thank you. >> how does paul ryan's attempted makeover echo what we're seeing all across the gop? >> well, it's the old ryan in a new bottle. if you look at what just happened in the campaign, you have to say, hey, america looked at the romney/ryan approach to politics which was this libertarian approach to cutting medicare, cutting medicaid, saying if you trickle down taxes for the rich and 47% bought it. only 47%. so ryan knows if he wants to have a future as a general election candidate, he's going to have to do something different. h
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